Thyssenkrupp Nucera warns of hydrogen investment delays

thyssenkrupp nucera AG & Co KgaA

15/05/2024 06:00

FRANKFURT, May 15 (Reuters) - Hydrogen equipment
supplier Thyssenkrupp Nucera  NCH2.DE  on Wednesday posted
lower-than-expected second-quarter results, warning of slowing
momentum for the nascent technology as investors in Europe and
North America are delaying investments.
    "Although the necessary progress on the regulatory side is
evident, many investors are waiting for the regulatory framework
to be finalised," said Christoph Noeres, Thyssenkrupp Nucera's
head of green hydrogen.
    "This situation is causing a level of uncertainty in the
market and is therefore dampening investment momentum."

 (Reporting by Christoph Steitz
Editing by Marguerita Choy)
 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))